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Jcpenney

JCP - JC Penney HoldNYSE:JCP It is too risky to invest now in this stock. Technical Analysis shows a bearish market, that could move sideways if an agreement with the lenders will be found, otherwise it might file for bankruptcy and most likely all the money invested will be lost. Fundamental Information. The company, once worth billions, is now valued at just $79 million, with the stock trading for pennies on the dollar. J.C. Penney could file for bankruptcy as soon as May 15. It is in talks to fund its business during the bankruptcy process. One option is a $300 million to $500 million loan, which is far short of the $1 billion the company had hoped for.
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by Mauriello
2
JC Penney - JCP - Hold - The Company might file for Bankruptcy Just Hold Technical Analysis - check the differences between JCP price movement and Macy's or TJX. those two seem that they have already digested the coronavirus and they are ready to change direction (When?? we do not know). JCP keeps going down Fundamental Analysis: J.C. Penney could file for bankruptcy as soon as May 15. It is in talks to fund its business during the bankruptcy process. One option is a $300 million to $500 million loan, which is far short of the $1 billion the company had hoped for. Neiman Marcus and Preppy retailer J. Crew I think that they filed for Bankruptcy this week.
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by Mauriello
Will they name JCPenney JCPenny?J. C. Penney Company, Inc. is an American department store chain with 865 locations. It is a micro-cap @$187million. This upcoming earnings, this companies fate will be decided as the street awaits details of long-term plan. If the stock remains below $1 for a period of 30 consecutive business days, they will face delisting from the NYSE market. JCP August 0.50 straddle is priced for a move of 30% into the expected release of quarterly results before the bell on August 15th. Analyst note: B. Riley FBR lowers their JCP target to $0.60 from $1.30 as they believe that amid traffic/discounting pressure that has been impacting retail in general, there is downside risk to estimates.
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by dorfmanmaster
JCP - Sephora Boosting Numbers for JCPPARIS (Reuters) - U.S. sales at beauty retailer Sephora picked up in the second quarter after a sluggish end to 2018, its parent LVMH said on Wednesday, citing its continued tie-up with U.S. department store J.C. Penney. The 117-year-old money-losing chain, based in Plano, Texas and which has rolled out hundreds of Sephora shops within its stores across the United States, hired advisers to explore debt restructuring options, Reuters reported last week. J.C. Penney Co Inc said in a statement it had no significant near-term debt maturities and was not preparing for bankruptcy. (Sources: finance.yahoo.com) J. C. Penney Company, Inc. is a holding company. The Company's business consists of selling merchandise and services to consumers through its department stores and its Website at jcpenney.com. Its department stores and Website generally serve the same type of customers, its Website offers virtually the same mix of merchandise as its store assortment and other categories, and its department stores generally accept returns from sales made in stores and through its Website. It fulfills online customer purchases by direct shipment to the customer from its distribution facilities and stores or from its suppliers' warehouses and by in store customer pick up. The Company sells family apparel and footwear, accessories, fine and fashion jewelry, beauty products through Sephora inside JCPenney, home furnishings and appliances. In addition, its department stores provide its customers with services, such as styling salon, optical, portrait photography and custom decorating. 121.87M 07/15/19 (Short Interest) P/E Ratio (with extraordinary items) -0.76 Analyst Price Prediction: $1.34 Recommendation: HOLD
JLong
by DEXWireNews
1
JCPenney "even Warren Buffett avoid this stock"JCP have many bad fundamental and financial data, this company is currently holding a debt level at 4.02B, with An estimated $2.1B in loan payments come due in 2023, even Warren Buffett Avoid this stock. But this company still in progress to climb up. At previous earning, JCP surprise 0.20 (566.67%) higher than 0.04 estimated, JCPenney plans to close 18 under-performing department stores in 2019, they also is hiring 6,000 stylists nationwide to work in the rebranded salons, give coupon and discount to Wiley College, ETBU, TSTC students shop at special event. From technical analysis view, At September 2000, JCP stocks break down support level, but able to control the game with 916% up. RIght now It break down support again. If JCP able to survive with many marketing strategy, we have 8559% long term projection at 94.23 If we zoom in at smaller timeframe (H1) JCP success to break channel down, with new bullish parallel channel up. If this stocks down again, we have support at 1.19 and 0.94 Best level to buy this stocks at 1.45, with short term target at 1.97 (35% profit/52pips) and 2.66 (83% profit/121pip)
JLong
by AzrulAzir
2
JCP $6 target.JCP has done fake double bottoms before on 2013-10 and 2014-02 A new such Fake bottom is developing. Also is the start of an Elliott Wave impulse cycle. Note however how the Volume profile is heavily titled to downside and how volume practically vanishes on top. Fundamentally, they are trying a few new things and throwing a lot of things on the wall to see what sticks. But that just smells of desperation. This is going to be another AMZN fatality. I am accumulating Shorts / Puts for a $6.1 target.
JShort
by iamajeya
JCPJC Penney is a great speculative stock with fundamental reasons to support that a turnaround is in progress. It seems to have bottomed in 2014 and is slowly gaining momentum and swings wildly with optimistic and pessimistic pushes. Overall, I like the stock but don't want to see it get out of hand in either direction. It's path of least resistance right now seems downward. I wouldn't mind picking up a few shares under $9 and add under $8. Red is resistance Green is potential support
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by DathanPyle